When Arms Length Appraisals Are “Too Far” Away
“Major real estate groups are pushing for a moratorium on new appraisal standards that they say are scuttling sales, hampering refinancings and depressing prices at a time when the sector…
San Francisco real estate tips, trends and the local scoop: "Plug In" to SocketSite™
“Major real estate groups are pushing for a moratorium on new appraisal standards that they say are scuttling sales, hampering refinancings and depressing prices at a time when the sector…
From the San Francisco Business Times: The rising tide of “short sales” by troubled home owners facing foreclosure is prompting lenders to become more aggressive in their attempts to pursue…
“The average 30-year rate dropped to 5.2 percent from 5.32 percent, mortgage buyer Freddie Mac of McLean, Virginia, said today….The 15-year rate averaged 4.69 percent.” ∙ U.S. Mortgage Rates Drop…
∙ New Evidence on the Foreclosure Crisis ∙ Another wave of foreclosures is poised to strike ∙ A New All-Time High (Or Rather Low) For U.S. Prime Delinquencies
“No taxation without representation” was the catchy and quite effective battle cry back then. While today’s “Close The Loophole” by San Francisco Assessor-Recorder Phil Ting simply doesn’t have the same…
“Fannie Mae and Freddie Mac will begin refinancing mortgages with loan-to-value ratios of as much as 125 percent,” up from the current 105 percent limit in a bid boost participation…
The delinquency rate for prime mortgages over 60 days behind continued to climb from 2.4% in the fourth quarter of 2008 to 2.9% through March 31, 2009 (up from 1.1%…
“The residential real estate market improved ahead of the end of the past seven contractions, with home construction starts beginning to climb an average of seven months before gross domestic…
“With many developers predicting that highrise development of any sort won’t work economically for another five years, public agencies are struggling with a development model in which private builders pay…
∙ Home Resales in U.S. Rise 2.4% in May to 4.77M Rate Amid Foreclosures ∙ U.S. Home Prices Drop 6.8 Percent in April as Foreclosures Rise ∙ Housing Eludes Recovery…